Taking the 4% for Granted
November 20th, 2010
Interest rates have been bopping around the 4% mark for a good part of 2010. We had a client last week who, had he locked and purchased, was quoted a 3.875% interest rate with standard origination fees. That's a magical rate that I've never seen on a 30 year fixed mortgage.
Toward the end of last week, rates started to move up. By the end of the week they were still in the mid 4% range, b ...
Toward the end of last week, rates started to move up. By the end of the week they were still in the mid 4% range, b ...